"Pity the finance minister"
Subtitle: issues in managing a susbstantial scaling up of aid flows
By: prepared by Peter S. Heller.
Contributors: International Monetary Fund. Fiscal Affairs Dept.
Series: IMF working paper -- WP/05/180
Publisher: International Monetary Fund, Fiscal Affairs Dept.
Published: 2005
Place of publication: Washington, D.C
Language: eng
Number of pages: 36
Subjects: Economic assistance.; Economic development.; Economic policy.
Description: Substantially scaling up of aid flows will require development partners to address many issues, including the impact of higher aid flows on: the competitiveness of aid recipients; the management of fiscal and monetary policy; the delivery of public services; behavioral incentives; and the rate of growth of the economy. Other issues will include the appropriate sequencing of aid-financed investments; balancing alternative expenditure priorities; the implications for fiscal and budget sustainability; and exit strategies from donor funding. Donors will need to ensure greater long-term predictability and reduced short-term volatility of aid. The international financial institutions can play a critical role in helping countries address these scaling-up issues.
Notes: "September 2005."

Includes bibliographical references (p. 34-36).

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